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Libra claims 180 potential replacements for 7 mutineers

Libra claims 180 potential replacements for 7 mutineers Attempting to signal its popularity despite high-profile defections from Visa, Stripe, and more, the Facebook-led cryptocurrency Libra Assocation announced that 1,500 organizations have expressed interest in joining the Libra project. 180 of those meet eligibility requirements to become members, which could replace the 7 […]

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Facebook has acquired Servicefriend, which builds ‘hybrid’ chatbots, for Calibra customer service

Facebook has acquired Servicefriend, which builds ‘hybrid’ chatbots, for Calibra customer service As Facebook prepares to launch its new cryptocurrency Libra in 2020, it’s putting the pieces in place to help it run. In one of the latest developments, it has acquired Servicefriend, a startup that built bots — chat clients for […]

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Libra, Facebook’s global digital currency plan, is fuzzy on privacy, watchdogs warn

Libra, Facebook’s global digital currency plan, is fuzzy on privacy, watchdogs warn Privacy commissioners from the Americas, Europe, Africa and Australasia have put their names to a joint statement raising concerns about a lack of clarity from Facebook over how data protection safeguards will be baked into its planned cryptocurrency project, Libra. […]

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Congressional testimony reveals some faults in Facebook’s digital currency plans

Congressional testimony reveals some faults in Facebook’s digital currency plans As Facebook continues to lay the foundation for getting some of the world’s largest payment processing and technology companies a seat at the global monetary policy table, the company faces significant obstacles to enacting its plans from both sides of the Congressional […]

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Facebook answers how Libra taxes and anti-fraud will work

Facebook answers how Libra taxes and anti-fraud will work Facebook provided TechCrunch with new information on how its cryptocurrency will stay legal amidst allegations from President Trump that Libra could facilitate “unlawful behavior”. Facebook and Libra Association executives tell me they expect Libra will incur sales tax and capital gains taxes. They […]

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